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Jobs, prices data flag hurdles for economy

Thursday, March 17th, 2011

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.

GE’s work force fell by 6 percent in 2009

Thursday, March 17th, 2011

General Electric’s overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession and financial crisis, according to a company regulatory filing Friday.

Banks report small profit but ‘problem’ list jumps

Thursday, March 17th, 2011

America’s banks eked out a small profit in the fourth quarter as the economy recovered, but the number of banks considered troubled jumped to more than 700, the government reported Tuesday.

Bernanke to outline exit path to skeptical Congress

Thursday, March 17th, 2011

Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman, but that does not mean lawmakers will be any friendlier to him at high-profile hearings on Wednesday and Thursday.

Strong growth in Q4 likely to slow throughout 2010

Thursday, March 17th, 2011

Don’t count on the economic growth spurt at the end of 2009 to carry into this year.

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